Black money issue: IAC men to gherao Ambanis' houses

New Delhi, Nov 10: A day after activist-turned-politician Arvind Kejriwal made a big expose on cosy relationship shared between Swiss Banks and Indian billionaires, now RTI crusader and his team members from India Against Corruption (IAC) are all set to gherao the residences of Mukesh Ambani and Anil Ambani on Saturday, Nov 10.

The members of IAC will also hold protests outside Reliance outlets and HSBC branches in Chennai, Allahabad, Jodhpur, Raipur, Jabalpur and Gwalior.

Kejriwal on Friday targetted several top Indian business groups and a Congress MP, alleging that they had stashed black money worth several hundred crores in the HSBC Bank in Geneva, Switzerland. He claimed that a senior Congress leader gave him the details about the black money. "The black money from Swiss banks can come but the government doesn't wish to bring it back," Kejriwal said.

"Anil Ambani has Rs 100 crore in HSBC Bank in Geneva. Mukesh Ambani also has Rs 100 crore in HSBC Bank in Geneva," Kejriwal said, claiming he has got a few names from the list of Swiss account holders from sources. However, the HSBC Bank had, in a statement in Jan 2012, apologised to Mukesh Ambani for putting his name on a list of alleged Swiss bank account holders.

The government has dismissed India Against Corruption activist-turned-politician Arvind Kejriwal's allegations of black money against big corporate houses, saying there is nothing new in it. "Nothing new in the allegations. This has already been discussed in Parliament. Government may issue a statement if required," the government said.